Former Kuaishou Executive Arrested for Alleged Corruption
The news comes after the Chinese video app's hugely successful Hong Kong IPO earlier this month.
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Recent Editions
Startup Otter.ai Raises $50 Million, Hires Chief Marketing Officer
With work meetings now happening online, Otter.ai has emerged as a popular way for people to document important details.
VC Firm Bessemer Hires Amazon Veteran Jeff Blackburn
Blackburn first joined Amazon in 1998.
Salesforce Revenue Grows 20%, Benioff Says Online Sales Paying Off
Revenue growth this quarter was the same as last quarter, illustrating why the subscription sales model has become popular with investors.
DoorDash Reports Strong Growth But Cash Burn in Q4
The results showed that DoorDash's marketing costs continued to tick up, raising questions about how the company will fare once the pandemic ends.
U.S. Travel Helps Airbnb Beats Expectations in First Quarterly Earnings
The company's full-year results demonstrate how the year didn't turn as dire for its business as Airbnb feared during the early days of the pandemic.
AT&T Confirms Sale of 30% of DirecTV to TPG
The deal is the first step toward AT&T disentangling itself from the disastrous DirecTV purchase, made in 2015.
House Lawmakers Renew Antitrust Pressure on Big Tech
Bipartisan agreement could overcome Congressional gridlock.
Stripe Hires Former Google PR Exec as Comms Chief
Peter Barron started his career on British news channels ITV and BBC.
Cisco Taps Former AWS Exec to Lead Webex Sales
Cisco's collaboration leadership has been in flux for the past couple of years, but a recent sales hire could bring stability.
Twitter Aims to Double Revenue by 2023
“We agree we haven’t been innovative,” CEO Jack Dorsey said, adding that the company has been “working ourselves out of a significant deficit for years."
Coinbase Files to Go Public
Coinbase's filing revealed its revenue more than doubled to nearly $1.3 billion last year, and the company made a significant profit.
Facebook Bans Myanmar Military Accounts After Coup
The move comes as Facebook increasingly moderates content that could lead to violence after previously taking a more hands-off attitude.
Hong Kong Tycoon Li Ka-Shing Plans to Launch SPAC
The SPAC boom is spreading to Asia, where the richest tycoons and influential dealmakers are launching blank-check companies for U.S. listings.
ViacomCBS Debuts Paramount+
The question now is how the service will do in a very crowded market.
Camera App Dispo Valued at $200 Million
The startup co-founded by David Dobrik has raised $20 million in Series A funding
Didi Chuxing Seeks Possible European Expansion
The Chinese ride-sharing giant Didi Chuxing is plotting an expansion in Europe in the first half of this year.
Europe Sets Sights on Gig Worker Conditions
Europe's main antitrust enforcer is making the labor conditions of gig workers a new target in its regulatory push against global tech companies.
Sequoia, Stripe Founders Back Climate Software Startup Watershed
Watershed helps companies like Square and Sweetgreen zero their carbon emissions quickly.
Biden to Sign Executive Order Aimed at Fixing Chip Shortage
A shortage of chips has caused problems for a wide range of companies, including those in the car industry.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy